Permanent Magnet Motor Market is Booming – Gaining Revolution in Eyes of Global Exposure | ABB, Siemens, Wolong, WEG, Rockwell

Latest report “Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential), and Region – Global Forecast to 2026” The global permanent magnet motor …

Rising Demand for Electricity to Amplify Growth of Volt/VAr Management Market

Utility Drones Market

The global volt/VAr management market is estimated to be worth USD 427 million in 2019 and is projected to reach USD 568 million by 2024, growing at a CAGR of 5.9%, during the forecast period. The market is set to grow due to a focus …

Growing Demand for Electric Vehicles to Drives Power Device Analyzer Market

Global Power Device Analyzer Market Scenario: The global power device analyzer market is projected to reach USD 527 million by 2024 from an estimated market size of USD 430 million in 2019, at a CAGR of 4.2% during the forecast period. The factors driving the …

Utility Drones Market: Future Trends and Opportunities

Utility Drones Market

The global Utility Drones Market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities inspection, survey, and asset management …

Electric Motor Market to Witness Stunning Growth | ABB, Siemens, Nidec Corporation, Wolong, and WEG.

Electric Motor Market

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period.Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle …

Power SCADA Market to Witness A Phenomenal Growth by 2026

Power SCADA Market

According to the new market research report “Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size …

Rapid Urbanization Witnessed Worldwide to Boost Current Transducer Market

Global Current Transducer Market Overview: The global current transducer market is expected to grow from an estimated USD 581.1 Million in 2018 to USD 683.7 Million by 2023, registering a CAGR of 3.31% during the forecast period. This growth is primarily due to the increasing …

Growing Shale Gas Exploration to Dominate Transmission Sales Market

Global Transmission Sales Market Scenario: Latest Report, The transmission sales market is expected to grow from an estimated market size of USD 15.2 billion in 2019 to USD 18.7 billion by 2024, registering a CAGR of 4.2% from 2019 to 2024. The transmission sales market …

Combined Heat & Power Market to Grow at a Significant Rate During Forecast Period

Latest research the report “Combined Heat & Power Market by Capacity (>10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas & Steam Turbine, Reciprocating Engine, Fuel Cell), End-User (District Energy, Residential, On-Site Industrial & Commercial) – Global Forecast to 2023″, The global CHP …

Gas-insulated Switchgear Market to Witness Massive Growth | ABB, Schneider Electric, Siemens, Eaton, and General Electric.

Gas-insulated Switchgear Market

The global Gas-Insulated Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The factors driving market growth are the growing investments in renewable energy and government initiatives …

Transformer Oil Market to Witness Strong Growth | Nynas AB, Ergon International, Petrochina, Apar Industries, Sinopec Lubricant.

Transformer Oil Market

The global transformer oil market is projected to reach USD 3.0 billion by 2025 from an estimated market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast period. The factors driving the growth for transformer oil are the upgradation …

Smart Ports Market to Grow at CAGR 23.9% by 2026

The smart port market is projected to reach USD 5.1 billion by 2026 from an estimated USD 1.7 billion in 2021, at a CAGR of 23.9% during the forecast period. Increase in dependency on real-time data to increase port efficiency and the growing adoption of …

DC Power Supplies Market to Grow $454 Million by 2024

DC Power Supplies Market

The global DC power supplies market size is projected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% from 2019 to 2024. The growing wireless communication & infrastructure and aerospace & defense …

Thermal Energy Storage Market: Rising Impetus on Renewable Energy Generation such as Concentrated Solar Power

Thermal Energy Storage Market

The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy …